X hit with $140 million fine from the EU

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The European Commission has fined Elon Musk’s X €120 million (around $140 million) for breaching its transparency rules under the . The European Union’s executive arm that it was investigating the social media company’s blue checkmarking verification system — first introduced when it was still known as Twitter — last year, along with other alleged DSA violations. Today’s concerns the “deceptive design” of the checkmark, as well as “the lack of transparency of [X’s] advertising…



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X hit with $140 million fine from the EU


The European Commission has fined Elon Musk’s X €120 million (around $140 million) for breaching its transparency rules under the . The European Union’s executive arm that it was investigating the social media company’s blue checkmarking verification system — first introduced when it was still known as Twitter — last year, along with other alleged DSA violations. Today’s concerns the “deceptive design” of the checkmark, as well as “the lack of transparency of [X’s] advertising…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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